(Reuters) – A wider ban on China state employees from using Apple’s iPhones is not surprising and seeks to limit a Western company’s market access, the chairman of the U.S. House pan[...]
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September 7, 2023
Goldman Sachs lawyer says suit by Russia’s Otkritie Bank should be heard in London
MOSCOW (Reuters) – A lawyer for Goldman Sachs argued in a Moscow court on Thursday that a $6.3 million lawsuit against it by Russia’s Otkritie Bank should be heard instead in London. Otkri[...]
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Factbox-U.S IPO market poised for strong finish in 2023 amid a flurry of listings
By Chibuike Oguh NEW YORK (Reuters) – U.S. investors are awaiting a slew of initial public offerings (IPO) in coming months, hoping to ride the recent rally in equity markets. The deals could re[...]
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Reinsurance rates to rise in 2024, soften in 2025-Fitch analyst
LONDON (Reuters) – Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices will start to fall in 2025, Fitch Ratings analyst Robert Mazzuoli to[...]
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Philips settles one category of U.S. claims over respirator recall
AMSTERDAM (Reuters) -Philips said on Thursday it has reached a settlement to resolve one category of legal claims against it following a major recall of the Dutch medical equipment maker’s sleep[...]
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China moves to widen state employee iPhone curbs – sources
By Julie Zhu and Kevin Yao HONG KONG/BEIJING (Reuters) -China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to[...]
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Mexican inflation slows for seventh consecutive month in August
By Natalia Siniawski (Reuters) – Annual inflation in Mexico slowed for the seventh consecutive month in August to 4.64%, in line with market expectations and its lowest since March 2021, while c[...]
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Nestle goes upmarket with deal for Brazil chocolate maker
By John Revill ZURICH (Reuters) -Nestle is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday, as it seeks to expand into luxury confectionar[...]
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Morgan Stanley to launch AI chatbot to woo wealthy
By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) -Wealthy clients going to a Morgan Stanley financial adviser to discuss their investments may have a different sort of experience in the future:[...]
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